Two scenarios:
If the composite index level based on surveyed consumers favors USD or remains normal, we'll follow the red path towards the bottom of the bullish channel.
If any announcement exceeds 77, there's a possibility of breaking below the bottom of the channel.
The dotted green path is in case of any surprise gains for the US dollar. In that scenario, we'll wait for a breakout of the zone and a reversal to it.
If the composite index level based on surveyed consumers favors USD or remains normal, we'll follow the red path towards the bottom of the bullish channel.
If any announcement exceeds 77, there's a possibility of breaking below the bottom of the channel.
The dotted green path is in case of any surprise gains for the US dollar. In that scenario, we'll wait for a breakout of the zone and a reversal to it.